Finally settling the dispute over interchange fees

Uncategorized | August 15, 2012

As I see it, this settlement resolves all interchange disputes – both those in the past and on a go-forward basis. Those who signed the final agreement are now compelled, through their signatures, to ask for the judge to approve it. Now that both industries have willingly endorsed this agreement, it shows that no further government intervention is necessary – the case is in fact closed.